L2 Asset Management LLC Buys 185,882 Shares of Schwab US Large-Cap ETF $SCHX

L2 Asset Management LLC lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 47.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 577,272 shares of the company’s stock after purchasing an additional 185,882 shares during the period. Schwab US Large-Cap ETF makes up about 2.1% of L2 Asset Management LLC’s holdings, making the stock its 5th biggest position. L2 Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $15,534,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth $26,000. Optima Capital LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth $29,000. Tidemark LLC raised its position in shares of Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after purchasing an additional 1,053 shares during the period. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth $39,000.

Schwab US Large-Cap ETF Stock Up 1.7%

Shares of Schwab US Large-Cap ETF stock opened at $29.72 on Tuesday. The stock’s fifty day moving average is $28.51 and its 200-day moving average is $27.44. The firm has a market capitalization of $71.67 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $23.50 and a 12-month high of $29.95.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.